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Articles - new office developments

Centre-West: The Bucharest zone with potential for new office buildings

The area Floreasca - Barbu Văcărescu, the office developers’ favourite in recent years, starts becoming risky.

Ovidiu Şandor: The EUR 25 mil. office building in Cluj to be 75% rented before delivery

The businessman Ovidiu Şandor, the developer of the business park City Business Centre in Timişoara, sold to the investment fund NEPI, estimates an occupancy rate of minimum 70-75% for the office building in Cluj, to be delivered in April this year, following EUR 25 million investments.

Iulian Dascalu had almost EUR 65 mln income from Iulius malls and Palas Iasi complex

The four commercial centres branded Iulius Mall and Palas Iasi complex, owned by the businessman Iulian Dascalu, had a total turnover of EUR 64.56 million last year, with 16% growth compared to 2012, according to data released by Iulius Group, Mediafax writes.

Papalekas builds Bucharest One tower with Bog'art

The investment fund Globalworth Real Estate Investments, controlled by the businessman Ioannis Papalekas, announced on Friday to have chose Bog'art as general for the office building tower Bucharest One.

S-Immo: We will wait one year or two until a new investment in Romania

Austrian company S Immo, the owner of Sun Plaza mall in Berceni district of Bucharest, will wait one more year or two until making a new investment in Romania, considering the macro-economic situatopn has declared for MEDIAFAX Friedrich Wachernig, a member of S Immo board.

AFI develops additional 27,000 sq. m offices in Bucharest

AFI Europe Romania will start in the first quarter of this year the construction of additional 27.000 sq. m to the rentable area within AFI Park 4 and AFI Park 5 in Bucharest.

Lapinski, Skanska Property Romania: The main elements for a constant growth on the real estate market exist

The real estate market has already overcome the most difficult period and there are the main elements for a constant growth, has declared Marcin Lapinski, the CEO of Skanska Property Romania, the developer of the office project Green Court Bucharest for WALL-STREET.RO.

The Offices of the year 2014: Largest Projects to be delivered in Southern Half of Bucharest

Biggest three office projects to be delivered this year in Bucharest are situated in the Southern half of the city, avoided by present by the developers, considering that approx. 80% of the current office stock of approx. 2 million square metres is concentrated in the central and Northern Bucharest.

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